Steward Partners Secures Minority Equity Investment from Cynosure Group
Raymond James Financial, Inc. (RJF)
Last raymond james financial, inc. earnings: 4/29 04:35 pm
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Source: PR Newswire
NEW YORK, April 15, 2019 /PRNewswire/ -- Steward Partners Global Advisory, LLC, an employee-owned, full-service wealth advisory partnership today announced the completion of a minority investment from The Cynosure Group, an independent alternatives asset manager and advisor that makes long-term investments on behalf of families, foundations, and other like-minded institutions.Proceeds from Cynosure's investment will be used to support Steward's continued ambitious growth as well as provide liquidity for partners."We're honored The Cynosure Group chose to invest in our partnership, given their stellar track record of working with companies with a history of success and a robust growth," said Jim Gold, Chief Executive Officer at Steward Partners. "The team from Cynosure bring substantial resources and will be represented by two seats on our Board of Directors, culturally we couldn't ask for a better fit."Noted Hy Saporta, Steward's President and Chief Operating Officer, "We continue to
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RJF
Earnings
- 4/24/24 - Miss
RJF
Sec Filings
- 4/24/24 - Form 8-K
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- RJF's page on the SEC website